Adelanto, CA 92301 18140 Poinciana Road
$640,000
11 more
Presented By: DARREN CORREA with LE INVESTMENT GROUP; 714-310-2840
Beds • 1
Baths • 1
SQFT • 3,338
Garage • 4
Year Built • 1986
Home Details
Welcome to 18140 Poinciana Rd—a well-maintained fourplex offering immediate cash flow and upside potential in the fast-growing High Desert region. Priced at$640,000, this two-story building consists of four spacious units: one 3-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath, totaling approximately 3,338rentable square feet on a 0.20-acre lot. Current rents generate a Gross Scheduled Income of $61,236 annually with market rents projected at $70,080—offering an attractive path to a 7.35% pro forma CAP rate. With a current CAP of 6.34% and pro forma GRM of 9.13, this property provides strong fundamentals with room for rent growth. Operating expenses are efficient at 30–32%, and tenants pay their own utilities (gas/electric).
Presented By: DARREN CORREA with LE INVESTMENT GROUP; 714-310-2840
Interior Features for 18140 Poinciana Road
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 18140 Poinciana Road
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityAdelanto
Community FeaturesRural
ContingencyPlease Contact Edward- (626)310-9398
CountySan Bernardino
DirectionsFrom Highway 395, head west on Rancho Rd, turn right on Bellflower St, then left on Poinciana Rd. Property will be on the left.
Electric Expense1313.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense1313.0
Garage Spaces4.0
Garage Y/NYes
Gross Income61956.0
HOANo
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, FHA
Lot Size Square Feet8687.0
Lot Size UnitsSquareFeet
MLS AreaADL - Adelanto
MobileHomeRemainsYNNo
Net Operating Income40551.0
New ConstructionNo
Number Of Units Total4
Operating Expense18926.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot28
Trash Expense1313.0
Water Sewer Expense1313.0
Waterfront Y/NNo
Year Built1986
Year Built SourcePublicRecords
Exterior for 18140 Poinciana Road
Building Area Total3338.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1994
Lot Size Area8687.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
